There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Avient (AVNT – Research Report) and Axalta Coating Systems (AXTA – Research Report) with bullish sentiments.
Avient (AVNT)
Robert W. Baird analyst Ben Kallo reiterated a Buy rating on Avient on May 3 and set a price target of $46.00. The company’s shares closed last Thursday at $37.00.
According to TipRanks.com, Kallo is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Avient with a $46.67 average price target, representing a 27.2% upside. In a report issued on May 3, Jefferies also maintained a Buy rating on the stock with a $49.00 price target.
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Axalta Coating Systems (AXTA)
In a report released yesterday, Ghansham Panjabi from Robert W. Baird maintained a Buy rating on Axalta Coating Systems, with a price target of $35.00. The company’s shares closed last Thursday at $29.37.
According to TipRanks.com, Panjabi is a 5-star analyst with an average return of
Currently, the analyst consensus on Axalta Coating Systems is a Moderate Buy with an average price target of $33.80, a 12.9% upside from current levels. In a report issued on April 19, Mizuho Securities also maintained a Buy rating on the stock with a $34.00 price target.
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